Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as;Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers.Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.
In Europe, the EURUSD stayed below 1.0600, with investors eagerly awaiting remarks from ECB President Christine Lagarde on the monetary policy implications of this unexpected halt. In her speech, the President of the European Central Bank (ECB), made significant comments… Read More »EURUSD Weakens After Lagarde Speech: Focus on US Core PCE Price Index and Powell Comments
The Bank of England (BoE) has decided to hold its main interest rate at 5.25%, effectively pausing after 14 consecutive rate hikes. This decision has led to a weakening pound, with the currency last seen down around 0.8% against the… Read More »BOE Pauses Rates Hikes, GBPUSD Trades Below 1.2300 Under Heavy Selling Pressure
The AUDUSD stayed around the mid-0.6400 level after the release of the Reserve Bank of Australia (RBA) dovish minutes. The exchange rate was at 0.6438, showing a slight increase of 0.0003 or 0.05%. The day’s range for AUDUSD was between… Read More »AUDUSD Hovers Above 0.6400 After Dovish Reserve Bank of Australia(RBA) Minutes
If you are looking to maximize your profits in the foreign exchange market, it is crucial to implement effective PIP Forex Trading Strategies. PIP, which stands for “Percentage in Point,” is a standardized unit for measuring price movements in currency… Read More »Effective PIP Forex Trading Strategies
The Federal Reserve’s recent decision to slow rates may have been justified by the slight uptick in US futures on Friday. The upcoming Core PCE Price Index is likely to reveal that a key inflation index fell in November. In… Read More »US Stock Futures Up, UK GDP Signals Recession\=0
According to the Office for National Statistics (ONS), the UK’s GDP expanded by only 0.2% in Q2 2023 compared to the previous quarter. This figure is lower than anticipated and reflects a slowdown in economic growth. In comparison, the Eurozone… Read More »Market Reacts to Weaker UK GDP Data, Raises Concerns about BOE Rate Hike
Earnings season isn’t over as more major companies surprise investors with quarter earnings exceeding consensus EPS. This is what Wall Street expects when additional companies report their earnings within the next twenty-four hours. Booking Holdings Inc. On August 3, 2022,… Read More »Surprise midweek EPS: Which company to watch
Forex chart patterns are invaluable tools for traders in the foreign exchange market. These patterns provide insights into the market’s behavior, allowing traders to make informed decisions and improve their chances of success. One such pattern is the EURUSD chart… Read More »Understanding Forex Chart Patterns
Stock futures indicated a negative start for Wall Street on Friday as concerns over potential interest rate hikes by the Federal Reserve weighed on investor sentiment. The Dow Jones Industrial Average futures dipped 0.2%, while the S&P 500 and Nasdaq… Read More »Stock Futures Point to Negative Start as Fed’s Rate Hikes Weigh on Wall Street, Apple Stock Tumbles
When it comes to forex trading, high leverage brokers can be a powerful tool for maximizing potential profits. High leverage forex brokers offer traders the opportunity to magnify their trading positions and take advantage of market movements. With leverage ratios… Read More »Best High Leverage Forex Brokers